EnCap Flatrock Commits $200M to Rangeland

January 15, 2013

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EnCap Flatrock Midstream has committed $200 million of equity to Rangeland Energy through its Fund II. Rangeland is a midstream company that develops infrastructure necessary to gather, store and transport crude oil, natural gas, natural gas liquids and other petroleum products by rail and pipeline to refineries and market hubs across North America. This transaction marks the second time EnCap Flatrock has backed the Rangeland management team—EnCap Flatrock made a $115 million commitment from its first fund to Rangeland in 2009.